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We are seeking an experienced Stock Record Transformation Lead to drive strategic remediation, operating model enhancement, and control modernization across the stock record environment within Market Operations. This role will lead large-scale initiatives including stock record accuracy, reconciliation governance, books & records integrity, control framework effectiveness, and regulatory compliance. The candidate is expected to bring deep domain expertise in stock record operations along with industry best practices from leading financial institutions. The individual will partner closely with teams within Market Operations, Technology, Finance, Risk, Compliance, Regulatory Reporting, and Front Office stakeholders to identify gaps, design scalable solutions, and establish a robust target-state operating model.
Job Responsibility
Lead end-to-end stock record transformation and other strategic initiatives across equities, fixed income, financing, and related products
Define and implement target operating model for stock record governance and control framework as well as contribute to shape overall tech strategy
Drive remediation of stock record breaks, reconciliation gaps, timing differences, and feed integrity issues
Establish sustainable governance, escalation, and oversight processes
Provide subject matter expertise on stock record lifecycle, securities movements, settlements & fails management, stock borrow & loan, repo / reverse repo impacts, corporate actions impact on stock record, omnibus and segregated positions, location and custody breaks
Assess operational and regulatory risks impacting books and records integrity
Review current reconciliation landscape and identify coverage gaps
Design preventive and detective controls for missing or incorrect system feeds, position breaks, timing discrepancies, manual adjustments, unsupported reconciliations
Drive control standardization and implementation of best-in-class reconciliation practices
Lead workshops and deep-dive sessions with Operations and Technology teams
Challenge existing processes constructively and influence senior stakeholders
Translate complex operational issues into strategic remediation plans for executive leadership
Partner with Technology teams to improve stock record architecture and data quality controls
Support implementation of automation and AI-enabled reconciliation capabilities
Introduce industry benchmarks and best practices for scalable operational design
Requirements
12 years of experience within Market Operations, Securities Operations, Books & Records, or Stock Record environments
Strong understanding of securities processing and stock record controls
Experience leading large transformation or remediation programs within global financial institutions
Deep knowledge of reconciliation frameworks, exception management, and operational risk
Experience interacting with regulators, audit, compliance, and risk functions
Strong analytical, communication, and stakeholder management skills
Ability to operate effectively in high-pressure regulatory and control environments
Nice to have
Experience in regulatory remediation or consent order environments
Familiarity with Rule 17a-3 / 17a-5 / 17a-13 related books & records expectations
Experience with reconciliation platforms such as SmartStream TLM or similar tools
Knowledge of automation, AI-assisted operations, and data governance frameworks
Consulting or industry benchmarking experience preferred